Walters, ND Economy


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Walters, ND is a vibrant small city located in McLean County with an abundance of local businesses. The city offers affordable housing with the average two-bedroom rent at $850 compared to the US average of $1,430. With a grocery cost index of 95 versus 100 in the US, Walters is also known for its ease on the wallet. Popular companies located in the area include Ace Hardware Walters Store, Walters Community Center, and Finley Elevator & Feed Mill. Along with these attractions, there are many outdoor activities like fishing and biking, making it a great place to live for people looking to live outside of a larger city.

Walters has an unemployment rate of 4.0%. The US average is 6.0%.

Walters has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.

Tax Rates for Walters
- The Sales Tax Rate for Walters is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Walters is 2.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Walters
- The average income of a Walters resident is $107,891 a year. The US average is $37,638 a year.
- The Median household income of a Walters resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWalters, North DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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